Inflation rate picked up in January, CPI report shows. Here's what it means for your money.
On a monthly basis, the CPI rose 0.5%, versus economists' forecast for a 0.3% increase, according to FactSet. That's the biggest monthly jump since August 2023. It may be due to price increases set at the start of the year by many businesses, noted Bright MLS chief economist Lisa Sturtevant in an email.
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High CD interest rates may remain high now that inflation's ticking up again. Here's what savers should consider.
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Inflation picked up at a higher pace than expected in January, leaving the Federal Reserve playing a waiting game to see the ...
Fed policymakers should be talking about a potential rate hike with inflation heating up, economist Mohamed El-Erian says.
Eggs and housing costs contributed to accelerating inflation in January, which indicates it'll be a while until the next rate ...
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest ...
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